Nifty Plunge On Weak Global Cues


How well the EQSIS recommendations performed today 28 June?

1. EQSIS Intra: Short TATAGLOBAL below 269.5 Target 266.9 Stop above 271.6 CMP 270

Status: Negative

2. EQSIS Intra: Short SUNTV below 507.5 Target 501.4 Stop above 512.35 CMP 509

Status: Target

3. EQSIS Intra: Short RELIANCE below 1266 Target 1254.8 Stop above 1275 CMP 1268

Status: Target


6:32:32 PM

Top Stocks To Watch On Monday 1 July 2019

CANBK advanced by 2.12% and finished at Rs. 284.4. Trading volume increased by 191 percent. But most of the trades are settled intraday. It gives an impression of positive breakout. It is frequently advancing for 7 days. This stock is currently settled above the recent resistance zone. We see short term support around 255.

APOLLOHOSP gained by 3.56% and finished at Rs. 1359.2. . It did rise in the last trading session, but fell by a significant margin on a weekly basis. Trading volume spiked by 140 percent at last session. Yet largely the volumes are intraday trades. It is oscillating nearer to its resistance zone of 1403.

RELIANCE is one among the top traded stocks. Interestingly 57% of the trades gone for delivery. It is likely to witness Derivative traders were aggressive in adding short positions. Open interest gained by 2.57 %. It is trading below its recent support zone. The Near term resistance is seen around 1358.

UNIONBANK surged by 4.45% and closed at Rs.81.05. Trading volume increased by 359 percent on 28 June 2019. Yet most of the trades are settled intraday. It suggest for bullish trend formation. This stock is currently settled above the recent resistance zone. We see short term support around 71.

PNB climbed by 1.99% and to close at Rs.79.55. Trading volume increased by 111 percent on 28 June 2019. Yet numerous trades were intraday in nature. It is regularly climbing for 3 days. It is trading inside the trading range. The Support is seen around 74 and resistance is seen around 83.

TCS is the most active stock. Derivative traders were aggressive in adding short positions. Open interest increased by 2.11 %. It is continuously grinding lowere levels for 4 days. It is trading inside the trading range. The Support is seen around 2147 and resistance is seen around 2284.

DHFL plunged by 11.65% and settled at Rs.72.05. It is listed in top traded counters. Derivative traders were aggressive in adding short positions. Open interest increased by 40.48 %. Currently it is trading around the lower range of its price band. The crucial support zone is around 63.

SIEMENS volume inflated by 178 percent at last trading day. However largely the volumes are settled intraday. It signals positive breakout. It is frequently rising for 4 days. This stock is currently settled above the recent resistance zone. We see short term support around 1229.

HAVELLS witnessed Bearish Engulfing pattern on daily chart. HAVELLS volume inflated by 134 percent at last trading day. Derivative traders were aggressive in adding short positions. Open interest increased by 12.43 %. It is oscillating nearer to its resistance zone of 797.

PVR advanced by 2.32% and closed at Rs.1674.75. The technical indicator RSI signals oversold scenario.It is continuously heading higher levels for 4 days. It is trading inside the trading range. The Support is seen around 1587 and resistance is seen around 1795.

MCDOWELL-N volume spiked by 77 percent on 28 June 2019. It is likely to witness bullish trend formation. It is continuously heading higher levels for 7 days. This stock is currently settled above the recent resistance zone. We see short term support around 524.

BANKINDIA climbed by 1.98% and closed at Rs.90.15. Trading volume inflated by 202 percent on Friday. However largely the volumes are intraday in nature. It is trading inside the trading range. The Support is seen around 83 and resistance is seen around 98.


6:10:45 PM

Closing Bell: Nifty Plunge On Weak Global Cues

The broader Nifty50 index slipped 53 points to 11,789 level. Domestic equity index nifty fell for second day in a row led by declines in metal, Private Bank, Auto and Media stocks amid weak global cues. Meanwhile, Asian equities also ended in the red as investors monitored trade-related developments in the G-20 Summit being held in Osaka, Japan.

Eight of 11 sector gauges compiled by NSE ended lower led by the Nifty Metal Index 1.13 percent decline. On the flipside, Nifty PSU Bank index was top gainer, up 0.67 percent.

The broader NSE Nifty gained 0.55% in the week but shed 1.12% for the month.

Best And Worst Nifty 50 Performers Today


12:42:44 PM

Market Update: Nifty around 11,800; Metal stocks melt, PSU banks shine

The NSE Nifty continued to trade lower in the noon session. At about 12.42 pm, the broad-based Nifty was around 11,800-levels down 36 points at 11,805 level. Among the sectors, some buying seen in the pharma, infra, auto and PSU Bank, while metal index is under pressure.

Sectoral Indices


10:19:32 AM

Market Update: Nifty Fluctuate Between Gains And Losses

The broader NSE Nifty moved to 11,844, up 4 points from the previous close. Key equity index Nifty fluctuated between gains and losses in the morning session, tracking mixed global cues. Investors are awaiting progress in US-China trade talks at the G-20 Summit scheduled to be held in Osaka, Japan, on June 28-29. 

Six out of 11 sectoral gauges compiled by NSE fell, led by the NSE Nifty Private Bank Index 0.33 percent decline. On the flipside, the NSE Nifty PSU Bank Index was the top sectoral gainer, up 1.90 percent. 

The market breadth was tilted in favour of buyers. About 664 stocks declined and 867 shares advanced on National Stock Exchange.


9:59:42 AM

FII & DII data

The foreign institutional investors (FIIs) bought shares worth Rs 106.26 crore on a net basis, while domestic institutional investors (DIIs) sold shares worth Rs 51.47 crore as on Jun 27th 2019.


9:20:28 AM

Top News Of The Day

Axis Bank To Consider Share Sale

  • Axis Bank Ltd. is considering raising at least $1.3 billion through a share sale to institutional investors.

DHFL Promoters Infuse Money Into Their Company

  • Promoters of realty developer DLF have infused nearly Rs 2,250 crore in the company with the allotment of equity shares against Warrants issued to them in 2017.

9:20:59 AM

Good Morning

Welcome to the live coverage of all the Intraday actions. Track this space for all the news, views and updates from the market.

It is your turn

What do you think? Will this really help you or your friend and communities? Share your views under the comment section.

Wait before you go.... People of all ages discover something they didn’t expect. Share this to stay connected with your friends and community.

Live Indian Market Intraday Updates on 28 June 2019

Nifty Plunge On Weak Global Cues How well the EQSIS recommendations performed today 28 June? 1. EQSIS Intra: Short TATAGLOBAL below 269.5 Target 266.9 Stop above 271.6 CMP 270 Status: Negative 2. EQSIS Intra: Short SUNTV below 507.5 Target 501.4 Stop above 512.35 CMP 509 Status: Target 3. EQSIS Intra: Short RELIANCE below 1266 Target 1254.8 Stop above 1275 CMP 1268 Status: Target 6:32:32 PM Top Stocks To Watch On Monday 1 July 2019 CANBK advanced by 2.12% and finished at Rs. 284.4. Trading volume increased by 191 percent. But most of the trades are settled intraday. It gives an